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Russia and Saudi Arabia are not holding a dialogue on the situation on the oil market now, Kremlin Spokesman Dmitry Peskov told reporters on Wednesday, adding though that it might be held if necessary, APA reports quoting TASS.

"Currently - no," he said when asked whether Russia and Saudi Arabia are holding a dialogue on the oil issues. Meanwhile he emphasized that the relationship between the two countries are "at a fairly high level." "We may have a certain variety of opinions, though overall Russia’s bilateral relations with Saudi Arabia allow holding an efficient dialogue if necessary," Peskov noted.